QUESTION: Dear Marty: I have been reading you for over a decade. I notice a change in your attitude towards Bitcoin/Crypto. Initially, you were completely against it, now you seem to be neutral. Has something changed? We now have Futures, CBOE is coming out with an ETF, every major bank is thinking of entering the space. […]

COMMENT: Dear Mr. Armstrong; I suppose we have to learn the hard way. Our electronic currency system crashed here in Zimbabwe. Many people were using it because of the old hyperinflation. The argument that private money would be better than government made a lot of sense here given the history. Most people were using US […]

The strategic war of words continues between the US and China and with it, the ebb and flow of the Chinese stock markets. Given that the US has weathered all of these headlines, it is doubtful it will start now. There is talk that the domestic indices are receiving a helping hand, but then with […]

The news mid afternoon that President Trump’s trade restrictions could be increased and a retaliatory Chinese tariff increase all coupled with latest China/US trade numbers turned most core indices. Following yesterdays strong Shanghai performance we saw some retracement of Tuesdays gains with the index closing down 1.25%. Although the Hang Seng index was also hit […]

A quiet start to the week in Asia, but the effects of China’s FX move are Friday is still being felt on core equity markets. The overhang of PBOC’s structural intervention in the off-shore FX markets continued today with the Yuan appreciating even more. The Shanghai exchange almost balanced this move with another decline today […]

COMMENT: Thank you for opening my eyes on the hunt for money by cash-starved governments! My wife was a registered nurse in India and is attempting to get her RN license in California. She applied for the nursing license exam in August 2015, and the fee was the same for international and California graduates ($150). She’s […]

After witnessing the strength the US markets demonstrated, Asia opened on a positive note but couldn’t hold it. Interesting that although the opening appeared strong, for the balance of the day prices were hit across the region affecting both core and peripheral markets. The Shanghai and hang Seng both found it difficult making any headway, […]

The optimistic rally seen earlier in the week over possible US / China Trade agreement, was soon to face the cold light of day and todays price action reflects just that. Both Shanghai and Hang Seng demonstrated this today as both fell over 2% and closed on the days lows. The Nikkei has also seen […]

The China/US Trade Talks headline obviously spooked both Shanghai and the Hang Seng indices and we saw nervous selling of stock. Shanghai was hit most closing down -1.8% after having seen a positive opening move. However, the tariffs hit today and even though they plan to talk the impact on sentiment is immediate. Prices traded […]

  An Ottawa man, David Saikaley,  acting as executor of a will obtained a bank draft for $500,000 and mailed it to family members in the United States to settle an estate. Bank checks are regarded as “cash” and the money was seized by customs. Almost a year later, the money is still stuck at the border. This is […]